UK inflation rate rises to 2.3% in October – what it means for your money …C0NTINUE READING HERE >>> THE UK’s rate of inflation has risen above the Bank of England’s target. The Office for National Statistics (ONS) said the Consumer Price Index (CPI) measured 2.3% in the 12 months to October. 1 The Consumer … Read more
High street banks offering ‘meagre’ savings rates as best and worst revealed …C0NTINUE READING HERE >>> SAVERS should ditch “meagre” rates at high street banks for better returns elsewhere. Experts have warned that the most competitive saving rates are no longer coming from the big banks you’d expect. Digital banks and building societies are now … Read more
Major mortgage lender admits it won’t pass on bank rate cut to customers unless they ASK …C0NTINUE READING HERE >>> MORTGAGE borrowers could overpay bills by hundreds of pounds as a result of a clause buried in the small print of a major lender, experts have warned. Homeowners on a tracker mortgage usually see their … Read more
UK economy grows as GDP rises 0.1% – what it means for your money …C0NTINUE READING HERE >>> THE UK economy has grown again with the latest data showing GDP rose in the third quarter. The Office for National Statistics (ONS) said gross domestic product (GDP) grew by 01% between July and September. 1 The latest … Read more
Prices at budget shops Lidl and Aldi set to rise with other high street favourites to follow …C0NTINUE READING HERE >>> BRITS on a budget are to face even higher prices at discount shops such as Aldi and Lidl because of the Chancellor’s tax raid. Low-cost retailers left to find an estimated extra £200million by … Read more
Best savings account where overlooked bank pays 8% ‘guaranteed interest’ – and you can open it with £1 …C0NTINUE READING HERE >>> MILLIONS of savers are set to see lower returns on their savings after the Bank of England slashed interest rates yesterday. On Thursday, the central bank’s Monetary Policy Committee (MPC) cut the base … Read more
Nationwide, Halifax and Lloyds Bank cut mortgage rates after Bank of England interest cut – see the full list …C0NTINUE READING HERE >>> MORTGAGE lenders have raced to slash their rates after the Bank of England cut interest rates this afternoon. This move will immediately benefit thousands of customers with Halifax, Lloyds Bank, and Metro … Read more
Homeowners will pay hundreds MORE each year as mortgage rates soar after Rachel Reeves’s £40bn tax bomb Budget …C0NTINUE READING HERE >>> MORTGAGE rates will soar thanks to Rachel Reeves’s £40bn tax bomb Budget – costing homeowners hundreds of pounds more a year. The Office for Budget Responsibility said the cost of mortgages would rise … Read more
Pre-budget jitters cause cost of government debt to creep higher …C0NTINUE READING HERE >>> PRE-BUDGET jitters have caused the cost of government debt to creep higher. The rise comes despite the Chancellor desperately hoping to avoid a repeat of the meltdown that followed Kwasi Kwarteng’s mini Budget in 2022. 5 Jitters over Rachel Reeves’ Budget … Read more